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Mr Thang is taking this loan out for his son, student Cuong. Cuong is attending Hanoi National College for Economics and Technology. His tuition lasts for three years and he will graduate in 2014.

Studying at this college, Cuong hopes to be a mechanic and will work for a mechanical manufacturing factory as an engineer. Currently, he is coping with difficulties affording his education fees and supplies. He wants to borrow a loan of 10,206,000 Vietnam dong to solve this.

Additional Information

More information about this loan

This loan is part of SEDA's education program, designed to finance school tuition for students whose families have low incomes or work in informal sectors of the economy. Funds can be used for partial or complete payment of expenses related to higher education. By supporting this loan, you're enabling access to education for students with limited options. 

About SEDA:

The Center of Small Enterprise Development Assistance (SEDA) is a non-profit organization whose vision is to create “a society without poverty.” Founded in 2004, SEDA provides microfinance services to low-income and disadvantaged people in rural areas of Hanoi and the northern provinces of Vietnam through its Binh Minh Micro-Finance Program.

You can also join SEDA’s lending team to assist SEDA in continuing to support its portfolio of borrowers.

About Vietnam

  • $5,600
    Average annual income
  • 88
    View loans »
    Vietnam Loans Fundraising
  • $14,818,000
    Funds lent in using Kiva
  • 21,016.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Thang to pay education fees and buy some supplies.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Dec 15, 2011
Dec 22, 2011
Currency Exchange Loss:
Jul 19, 2013